Today, Property Credit releases its insightful report, “Dream Bigger: The Ultimate Guide to the Top 3 Suburbs for Upsizing in 50 Diverse Areas,” tailored for those looking to expand their living space across Australia. This comprehensive report serves as a crucial tool for families and individuals contemplating a move to larger homes within a practical financial framework.
Giordano Stepancic, CEO of Property Credit, stated, “Our latest report is a vital resource for anyone considering upsizing. We’ve meticulously analysed and distilled the data to pinpoint suburbs that offer the perfect blend of space, affordability and community quality, addressing the real needs of Australian home buyers.”
The report’s robust methodology starts with a careful selection of suburbs, considering factors like the number of listings and median asking prices. The subsequent stage involves a detailed scoring system, assessing elements such as the Buyer Index, affordability ratios, the proportion of fully owned properties and socio-economic scores. This approach provides a holistic view of each suburb’s potential for upsizers.
Stepancic elaborated, “We understand that upsizing is more than just moving to a bigger property; it’s about finding the right environment for families to thrive. Our scoring system is designed to uncover suburbs that offer this balance.”
In a property market characterised by rapid changes in values and inventory levels, “Dream Bigger” stands out as a clear, data-backed guide for those navigating the complexities of upsizing. The report aims to clear the mist of uncertainty, equipping buyers with the necessary information to make informed decisions.
Stepancic concluded, “At Property Credit, our mission is to streamline property transactions. This report is a testament to that mission, offering Australians the essential insights they need to confidently progress in their home ownership journey.”
The full report is now available on Property Credit’s platform, becoming an invaluable asset for those planning to move to larger homes.
